the stock price has been stagnant...

Hi Guys, anyone attended the meeting? thought there was a meeting held to approve the capital reduction? this week QR or next week QR, anyone know...?

not sure why, maybe boss no longer prioriotizing prospect of GENTING and GENM Hhere...due to hopeless political scenario...maybe boss eyeing somewhere else and only take this GENTING and GENM here like gambling stocks

they are just like other gambling stocks in BURSA...no more investing driven, trading driven...buy low and sell when got profit...follow the LKT...
these are cheapskate now..

GENTING & GENM are no longer blue chips... gambling stocks now...no fundamental etc...
The companies changes alot with the secong generation taking over, low interest, no share bonus, and boss pump and dump with news...cheapskate stocks now

remember there is nothing forever red...things go up will go down...invest smart...don;t get trapped by IB fund call...

don;t you worry it repeat glove counter footstep? its already superhigh and you gusy wanna still keep for them to drop back to rm 1++?

share price gone up from 50+sen to highest around rm2.40...and Institute fund shouts to rm 3-4....sounds very similar to glove counters during COVID time...many retail investors refuse to sell at RM 28++ before share splitting, following IB call thinking can go up to RM 50++....and most retailer got burnt due to no sell at high, keep it till forever and now glove is below RM 1.

YTL share price gone up to RM 2.4....still you guys no sell....waiting to go to RM 3/4...

and on the other hand, some of us decide to cling on here, we bear some hope, if the current big boss TS LKS give up this, and CUCCO PLD with more capital fund to shape the future, then i see there is slight hope where in 2-3 years time (when property boom again), the share price will go up to Rm 1+++ under new leadership...

If the company remain with the TS LKS and his geng, you can expect the similar trend in share price...the guy will sell at high before dividend, and buy after x -date, to make that different gains....lowest level of money making tricks.

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Diclaimer, above all are personal jurisdiction, not a buy call or sell call...not targetting on any individual....above is story telling

Many of us already recoup investment fund+ interest....i hope the big share holder like CUCCO Land, also recoup enough, otherwise, CUCCO Land+TS GLC is the bigger loser here dude...thier investment is much larger than yours dude...

dude, you didn;t average dowb, thas big mistake, and now is too late...thas difference between us....but i agree with you, since 2-3 years after IPO investement....i 100% agree with you, this is a lousy company led by lousy management...who probably just cling on to enjoy fat pay, fat allowance etc..

RISK8888
dude, i am very sure only very few will think this company is a good investment..i am sure also...if the share price plunge below 25-30 sen, most of us will run....thas because we all, most of us, we have no confidence in it... we are are just riding on the current surplus now...

hi RISK8888,
dude, not finally, most of us know this isn;t a very successful investment after fiorst few years, but thanks to the stratagey to average down, many of us having some gain due to averaging down..not much though, but the gain is like compensating our investement + interest....so we aren;t too upset... and because the fact the current share price + dividends, already exceeed most of our averaged down buying price, so we are in comfort zone dude.

I never say this is a good investment from day 1....its crystak clear this is a lousy company led by lousy management....only the thing is how do we get back our investment plus return, and most of us have it back, so its lesson learn, then we contonue sit on here on board to see how it goes...

Unless, CUCCO Land, TanSri GLC step in, inject more, coming our more plans, otherwise...its a failed company, going to be holding company with all management sitting there burning the money until the group retired.

So my point here is, i beleive most of us in same fate, stuck around 50-60sen++ having some surplus due to now 34sen+33+6 sen dividend...

but we need to admit, this is a lousy investment!!!!, 7 years, if keep your investement in bank, you can have 30% added on your initial investement amount..

so this company is a failure.

i believe most of us averaged down to 60-50sen ++...with some not averaging down at all, and now suffer almost 50% loss.

I don;t believe those guy who claim they nibble at lowest of 25 sen...having 20-30 sen low average.

Normally if you are keen investor, you either invested much high price, and averaging down alsowly, or you don;t invest at all...
You cannot be going in at just the right time to get at 25 sen...no way!
From IPO price rm1.2, some invested at 80 sen, 70 sen, 60 sen, 50 sen ++even 40 sen, but the average price is higher than 40 sen i believe.

Actually Warchest/Risk8888 are both right...the company is a damn failure....initial IPO Rm 1.2, after 7 years, now is 70sen+ with all dividends factored, isn;t a big failure?the way the run this company, they way they strategize thier biz, all a big failure...thas why you see they are under pressure (most likely from QLC CUCCO group) to recoup the initial investement via dividend payout.

The TS LKS and his geng think they can cling on to burn the money...but i beleive the CUCCO side will not allow.

Anyway, for those who nibble at around 50-40,30 sens, i beleive the current price has exceed your average price...so its not a big deal now as these group of investors have recoup thier investment.

But still, we have to admit, this is a failure company.

in my opinion, I should never look at these glove counters again, including the big fours glove counters and other small counters. These counters shot up sky high and dipped bottom low, who are the beneficiary?

Many retailers stuck bottom low ended up buying superhigh. To me these glove counters are in big sharks/funds radar, either local or foreign fund, no way I or we can get any gain from these kinda glove counters.

And the better way for me is, stay away from these glove counters forever, let the big shark and boss syok senderi, taking up and down. Let thel syok senderi.

Lets face it, these counters are in big shark radar. Highly volatile and we cannot win it...
just let go, and let them syok sendiri.

Disclaimer: Own opinion. not a buy call or sell call.

In my opinon, just my opinion, the glove counters, the big 3 or 4 are too outstanding during COVID time....it attracts sharks and big fund to come in and play, and when big sharks and big fund are in, its very hard for small retail buyers to win these stocks...everyone know what happened later with the stocks plunged and many suffer too much.

we should learn from these bad experience....lets face the fact, these glove counters are in Sharks and Big Fund radars, no matter what retailer analyze or do, the outcome will be the same as what happened before...

Just my opinion, i never invest in these gloves, but there are people whom i know who really suffer huge loss from these counters....

So my opinoon, whatever happened, what ever appear in thier Financial reports, good or bad, promising or less promising, i would avoid these glove stocks, let those big funds /big sharks take it up and down they themselves.

Lets face it, the glove stocks are in the radar of big fund/sharks... its very risky one to jump in and sail with them...regardless of who sifu master advices. i would just shunt away from these counters forever.

wa lau...very similar to last time TOp glove IB TP raised to RM 50/100...

i am signing out now...good luck to those beleive this darling will up to rm 3 or rm 4 yeah....

dunno if it up to rm 3 or 4, the capital will be bugger than Maybank???
sounds very familar to Top Glove during COVID....

bye bye...i sign out now ...worry its another top glove...will come back when it drop to 1.5/1.4...good luck all, i wish the share price can up rm 2 as you all wish ya...good luck

YTL Power dropped alot...i think its institutional fun selling to cash out after pushing high till last week.
retailer will be holding it high for lonh?

see how it goes...if I am smart, we sell on high...the share price already sky high, higher than all time high....the profit really that high??? Data center not up yet....big CAPEX expected to dilute the profit soon.....earning not so soon....from data center

all good news out oledy....good luck to those who chase high, and stay high...

seriously, i think, just i think, it will drop back to 1.6-1.5 soon, and stay there long time before any other good news out...its is bacuase the price has gone up very much already....BIg fund should be dumping now these few days....

very similar to GENTING....up from 4.0xx to 4.7, on turism excitment, then drop back to 4.5++ for long before next excitement...

top glove lesson still in memory, many caught at high.

don;t think it can up forever...better i cash out selling the stock now...what do you think?

the share price already up 300-400%, and the profit not yet in a single sen form data center...all gimmick out....and think its time for us to cash out at superhigh...instead of buying from big fund at super high stuck at all time high....

dump when good news all out?

Hi Lyon91, Jonathan Keung, Warchest, I love all you guys calls. I hope all these materialize...
It just does not make sense for big 3, especially the TanSri QLC, Hong Leong Big Boss, to have invested in a company @RM1-RM1.2, with no or least return in past 6-7 years...Money is not a matter for QLC, reputation is the most important.

The stock in the end, just my opinion. should, and must exceed its IPO price, even after the all dividends...i beleive this will come very soon based on the recent developments.

Yeah RM 1.2 is a bench mark to decide to sell.....agree with Warchest.

Disclaimer: Just own opinion, not a buy call or sell call...

Lyuon 91, i hope so, Warchest also hope the same i guess...based on thier announcement yesterday, they mentioned very good sale proceed which generate more cash...so this hints next QR in Sep will be favourable...

remember initially they members all 900 mil as cash back to investors, first tranch of 12.5sen,, in three batches to around 37 sens....Remember thi is mentioned as poprosed.

Now they announce first tranch of 33 sen...which is this is much more than they informed early, so i think in reality they are making good profit and sale proceeds...
As a matter of facts, during COVID-Post COVID, there is no new launch or new construction launch.... i think all completed properties/units before COVID/ during COVID, should be a;ready absorbed well by market buyers...high inflation may trigger interest in investing in property....so...they may have good sale proceeds...

whether they hide it in UK account...we dunno know...but seems like the report should be good...

Just my opinion/guess...not a buy call or sell call....

RISK8888, you are right always, can u write email/or attend AGM and request full refund? at the end i guess most here will be happy too, i believe all early investor has recoup back after averaging down...so current scenario is pleasing.

Did u recoup ? Did u average down?

I think, just my opinion, the EWINT is charted by CEO Datuk Chang/Teow/ Tan Sri LKS.
Another big shareholder is Hong Leong Boss Tan Sri QLC....

I think Big share holder, could be Tan Sri QLC wanted to cash back to capitalized on advantageous MYR/GBP exhange rate currently (Multiyear high GBP vs MYR)...

So this is what they have to do to be answerable to Tan Sri QLC who like many of us, invested since 2016 and only gets rewarded with one or two times dividends.

of course the ECOWORLD gengs, Datuk Teow/Chang, TanSri LKS will be happy to keep all cash with EWINT as they are into it, but somewhere outside the management my not want casr reserved to be trapped within the compnay forever.

So it makes senses for me that now after years, and during high GBP/MYR exchange, and during the high interesat Era....to have cash back while remianing some as working capital modal.

Just my guess...I may be wrong

Warchest--yes...thas what we are pleased, thas why i think most of times, we got blacked out by how rich this company has, as they keep announcing financial loss...not our fault, coz we are in dark, they in light....if they hide thier accounting somwehher in joint venture, no one can see....

i will only make noise and demand the CEO /management to step down, if the share price is taken down to 20-30 sen...to put all of us in losing stake again...

I am ok, i beleive most will be happy, if not all (since most of us averaged down already)....if they give 50-60 sen by early next year from 1st and 2 dividend...and since these big owners have 70% equity in the stock, they keep it at 50-60 share price after adjustments, this will equally please we all i beleive...

Warchest, RISK8888, SENTIGO....all of us are right...no one wrong here, either they close shop give all back, or give 33sen+20-30+ sen, back... and grow the biz...too me all ok.

i am fine they give back say 50-60 sen...and keep the share price above 50-60 sen...and wait for next property boom...

my broether in construction industry--a technical director in develope+construction for high rise...internatiinal appearance...recently got a job offer, after years of quiet job market...

it seems more contracts are issued, more work are in planning, more projects are in designing now...

which we can expect industry is really plannig for post-high interedst era...
Tonight US-FED gonna announce some hawkist, nevertheless they may give hints on interest slash starting next year.....thas the momemt property waiting....

just my analysis and guess, i hope it will materialize...

so evertyone willl be happy, I one of EWINT investor since IPO, and also averaged down like all of you, i hope all of us get repaid after all these years of clinging in here....

my guess of fair share price of 50-60 sen is after share price adjustment (after 1st and second interim of dividend) ....this guess i based on NO profit generated all these years...which is very unlikely.

SO it is very realistic and probably , the share price after 1nd and snd dividend, after price adjustment, to be in range of 50-60 sen (so this will please and calm down all investor of buying RM 1,2 IPO price (Tan Sri QLC Hong leong boss will be satified I guess).

And another property boom coming next year or year after, my guess and my hope, will bring the share price after to RM 1++...

Just my guess, not a buy call or sell call...

So the picture is clear now...
I think the current share price has much space/room to grow again...

Lets see how it turn out...


Above only my own anakysis and guess (not a buy call or sell call) all my opinion....

and if the ineterest rate flatten out start to drop next year with end of inflation era (expected to happen in US)...property can boom again, the share price may be back to rm 1++ (my hope and my guess)....so this is a justifiable future trend for investor, for Tan Sri QLC Hong Leong boss....

its very unlikely all these years they don't profit from property biz...so the share price could be worth even more than 50-60 sen...after all dividend announced...which justify the initial IPO of RM 1.2 invested value....

more sharing, not a buy call or sell call..

with this 1.3 bil in thier capital ---even they do not make profit all these years (which i dooubt....my guess is they hide it somewhere in UK/Australia accounting...

They launched most projects before COVID and sold most before COVID, so the COBID and high interest rate borrowing cost has minimal impact on them in fact...so we we consider they do not make profit at all, so the worth of one share would be 2.3 b / 2.4 bil of share, which means each share price should worth rm 50-60 (after share adjustment), even after they dipatch 1st interim dividend (33 sen), and second interim (expected 20sen ++)....

Just sharing my opinion, not a buy call or sell call, remember they informed they will set aside 1.5 bil capital reduction...now only 790 mil declared as dividend, so, it means some more gonna be dispatched by this FY (if they announce right)....

set aside the cost of capital reduction, repay borrowing and some working capital...there should be still quite some left to dispatched in 2nd interim dividend...

like many suggested, if the 2nd interim dividend is 20+sen, then overall, they are giving back around 50-60 sen, which is half of the initial IPO price....

the current share price of 60-70 sen certainly in my opinion has much legs room to grow...and if we take initicial capital investement of 1.20 IPO x 2.4 bil of number of shares, the total capital could be RM 2.8 bil they have gathered, and returning 1.5 bil means they still have around 1.3 bil left with them...

JUst my opinion to share:

There should be plenty of upside room for the stock, today may goreng abit and hold back, next two weeks till x-date can expect some more gains..

When I read the report carefully, it says the remaining to be distributed in FY2023...Guys EWINT is gonna accounce 3Quarter Financial report in Sep, and 4th Quarter Financial Report will be by year end...so I would expect the 2nd INterim to be dispatched by end of the year of early next year....

@risk8888, if there is any bi-election, only possibility is from another side, they are known to jump ship...already did two times, one time jump from umno, one time jump from PH coaltion....so this is the fact...so with 32 PH, no matter how, Selangor is STABLE and SAFE till next GE/PRN.

So RISK8888, do more study, accept the fact, the unity gorment and Selangor, NSembilan, Penang will stay till next GE/PRN...same as Kelantan Kedah, Terengganu.

Status quo till next election...so best result outcome for market to response, if it does not response tomorrow, it will response by year end..

and even if they jump ship, you look at the how majority they won for PH....got chance for anotehr side to win with katak ?

PH mostly win big majority...and bi election, no chance...

how this 4 seat will letak jawatan and relection? Federal gorment is unity gorment...not another sides, so why these 4 seat letak jawatan...all katak aleady jump ship to anotehr side before GE 15, those left are those hardcore royalist...so how possible for them to jump ship...Katak are all in another side don;t you think so?

Every body know now the fed gorment gonna stay till next GE 16...so politically its stable now....market will response positively!

NO change in state govenrment, status quo, all status quo for another 4-5 years...foreign funds like this...market should response positively, if not on monday, the whole year market should response more and more positively...everthing is normalized now...

The talk on Aug change in power didn;t happen, and never will hapen until next GE 16.

So lest stay waiting for SAP to recover.